Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 3,232,119 | 4,281,832 | 6,345,869 | 4,789,125 | 11,134,192 | 29,783,137 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 3,232,119 | 4,281,832 | 6,345,869 | 4,789,125 | 11,134,192 | 29,783,137 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 8,865,735 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 20,917,402 | |||||
Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 3,232,119 | 4,281,832 | 6,345,869 | 4,789,125 | 11,134,192 | 29,783,137 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 112,143 | 121,811 | 116,614 | 197,273 | 96,963 | 644,804 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 0 | |||||
| 11 | Total support. Add lines 7 through 10 | 30,427,941 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| PART VI- SECTION C, QUESTION 19 | THE ORGANIZATION MAKES ITS FORM 990, CONFLICT OF INTEREST POLICY, FORM 1023 AND THE AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FROM THE ORGANIZATION. |
| PART VI- SECTION B, QUESTION 11B | A COPY OF THE COMPLETED FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE AUDIT AND FINANCE COMMITTEES OF THE BOARD FOR THEIR REVIEW AND APPROVAL BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| PART VI- SECTION B- QUESTION 15B- COMPENSATION PROCESS | The FAR bylaws establish the list of FAR officers eligible for compensation and specifically excludes the directors other than the Executive Director. There is a standing policy, established by the Board of Directors, regarding compensation and benefits for all officers and employees. Salaries are approved annually in the budget that is passed by the board. Salary increases for key employees, when given, include a review of comparable salaries at similar nonprofit organizations by the appropriate committees of the board. |
| PART VI- SECTION B, QUESTION 12C | Conflict of interest questionnaires are completed annually by board members and key employees. These are reviewed by management for potential conflicts. Any conflicts noted would be reviewed by the board for consideration and appropriate resolution. |
| SCHEDULE F, PART II, QUESTION 3 | PAYMENTS ARE MADE TO ORGANIZATIONS IN ARMENIA, WHICH INCLUDE NGO'S, charitable FOUNDATIONS, WHICH ARE EQUIVALENT TO NGO'S FOR CERTAIN ORGANIZATIONS IN ARMENIA, AND SCHOOLS, UNIVERSITIES AND THE DIOCESE OF THE ARMENIAN CHURCH. THESE SCHOOLS, UNIVERSITIES AND THE DIOCESE DO NOT hAVE 501(C)(3) OR EQUIVALENT STATUS IN ARMENIA AS THIS IS NOT A PRACTICE THERE. HOWEVER, THESE ORGANIZATIONS ARE EQUIVALENT TO 501(C)(3)ORGANIZATIONS IN THE UNITED STATES AS THEY ARE EDUCATIONAL iNSTITUTIONS OR social service departments of RELIGIOUS ORGANIZATIONS. |
| PART XI, LINE 5- OTHER CHANGES IN NET ASSETS | CHANGE IN VALUE OF BENEFICIAL INTEREST OF $(484,406) WAS RECORDED FOR THE YEAR ENDED DECEMBER 31, 2022. THIS HAS BEEN SHOWN AS AN OTHER CHANGE IN NET ASSETS FOR THE FORM 990 PREPARATION. |
| Page 2, Part III, Line 4a - Economic Development Program description | Economic Development Programs - includes expenses that will help stimulate Armenia's economy by providing the people in Armenia the necessary resources to lay a foundation for sustainable employment and development within their communities. FAR has three primary projects focused on economic development, including the multi-faceted Breaking the Cycle of Poverty Program: Developing Thriving Communities (BCPP); Gyumri Information Technology Center (GTech); and Small Business Assistance for Syrians (SBA). |
| Page 2, Part III, Line 4b - Educational Programs | Educational Programs - Provides scholarship, vocational training, financial assistance/living stipends, and housing to orphaned students and students from underprivileged families throughout Armenia. In 2022, FAR launched an ambitious project called "Supporting STEM Education in Rural Armenia." This long-term initiative is designed to enhance the quality of STEM education in rural schools across all levels while also nurturing and fostering aspiring researchers and scientists. The primary objective of the project is to uplift the level of STEM education in rural Armenia. FAR recognizes the importance of science, technology, engineering, and mathematics in driving innovation, economic growth, and societal development. By focusing on these critical disciplines, the project aims to equip students in rural areas with the knowledge and skills necessary to excel in these fields. |
| Page 2, Part III, LIne 4c - Childrens Programs | Children's Programs - Through these programs, FAR advocates for and assists the at-risk children and youth of Armenia. FAR's two primary projects in child protection are the FAR Children's Center and the Children of Armenia Sponsorship Program (CASP), both of which help children in need. This program includes crisis intervention and rehabilitation for children by providing financial assistance, medical and psychological care, nutritious food, clothing, and educational and recreational materials as well as costs of renovating and furnishing the homeless children's center and orphanages in Armenia. In addition to its ongoing efforts, FAR continued its dedicated support for child protection endeavors in Artsakh in 2022. As part of these initiatives, FAR initiated the development of the Martakert Child Protection Center and introduced a Foster Care system in the region. Recognizing the importance of safeguarding and promoting the well-being of children, FAR took proactive steps to address the specific needs of vulnerable children in Artsakh. The establishment of the Martakert Child Protection Center is a significant milestone in this endeavor. The center serves as a dedicated facility where children who have experienced adversity, trauma, or are in need of protection can receive comprehensive care and support. |
| Page 2, Part III, 4d - Other Programs | Emergency Needs Programs - These programs provide immediate relief to those in need in Armenia, including humanitarian aid. During the COVID-19 pandemic, food, hygiene kits and masks were provided to nearly 5.000 people impacted by the pandemic. Additional assistance was provided to over 16,000 people displaced from Artsakh due to the war there, including food and hygiene packages and other living essentials to women, children, the elderly and injured soldiers. Senior Programs - These programs provide access to immediate needs like food, shelter, medical care, and social support to seniors in Armenia. FAR's Soup Kitchens Program and Vanadzor Old Age Home (VOAH) help provide necessary support for vulnerable populations. Healthcare Programs - Armenia's healthcare sector has been a primary focus since FAR's early days when we started advocating for institutionalized medical education and professional development. Healthcare programs have since expanded and adapted over time to fit the growing and changing needs of health in Armenia today, tackling issues critical to progress and development like childhood malnutrition, children's cognitive development, and maternal health. FAR has six primary projects that focus on health--the Continuing Medical Education Program (CME); Nurses of Artsakh Training Program; BCPP's Child Health and Nutrition Project; the Transforming Children's Health and Development Project; and Aparan Summer Camp. In 2022, FAR embarked on a new project aimed at supporting the development of Geriatric Medicine in the country. This initiative recognizes the growing needs and challenges associated with the aging population and seeks to enhance the quality of care and services provided to elderly individuals. |
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